Wells Fargo Downgrades Adobe to Underweight, Lowers Price Target to $225
Wells Fargo analyst Michael Turrin downgrades Adobe (NASDAQ:ADBE) from Overweight to Underweight and lowers the price target from $270 to $225.
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Why It Matters
A big bank analyst thinks Adobe stock looks less attractive now. They lowered their price guess, which means they see risks ahead.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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